Monday, March 18, 2019

Starbucks hits milestone

Chain Store Age
Starbucks has opened its 30,000th store globally — and the location couldn’t be more fitting in terms of the coffee giant’s expansion going forward.

Starbucks is driving net new store growth of 6% to 7% annually under a variety of formats, ranging from its upscale Reserve Roastery stores in Milan, New York and Tokyo to its “community store” concept, which are dedicated to creating local and economic development. The most recent (and 12th overall) community store opened last November, in Dallas.. . . more